Underwriter, Finance & Banking

Overview

Our client, a Big 5 Bank in Canada, is currently seeking a Bilingual (English/French) Residential Mortgage Underwriter to join their team in Montreal, QC. The candidate would work one day per week in office for the initial training period and then shift to 100% remote work.

The Bilingual Analyst, Underwriting is responsible for reviewing and approving residential mortgage and real estate applications in a timely and effective manner. The role follows detailed instructions and documented procedures to negotiate, approve, recommend, or decline residential secured and unsecured mortgages and real estate applications within established guidelines and authorized lending limits. The Analyst uses judgment regarding priorities and approaches to review credit information by gathering and critically assessing property‑specific third‑party due diligence reports and negotiating terms for marginal applications.

The role provides specialized advice and guidance on company policy, procedures, and security value estimates, resolving basic problems within the scope of the job.

• Decision‑ Maker – Negotiate, approve, decline, and recommend applications within established processes, guidelines, and authorized lending limits up to $1,500,000, including residential mortgage and real estate secured and unsecured applications.
• Analytical – Gather, review, and assess information and documentation to support each credit application within risk parameters and insurer guidelines, if applicable.
• Relationship Building – Handle correspondence and telephone inquiries from internal business partners and external business partners such as insurers, appraisers, and solicitors.
• Risk Assessment – Review, prepare, and make considered recommendations to Manager or senior underwriter where the residential mortgage application is above authority limit.
• Agile – Manage high work volumes to meet short timelines with a high level of quality and due diligence. Review a variety of lending products on a day‑to‑day basis.

• 2‑4 Years Retail mortgage underwriting experience. Mostly residential mortgages (bilingual in French/English).
• Real‑Estate Secured Lending underwriting experience, decision‑making experience with approval authority including exceptions.
• Experience reviewing and evaluating mortgage loan application documents (income, down‑payment, offers, etc.) and understanding risk mitigation. Must be familiar with GDS (Gross Debt Service Ratio) and TDS (Total Debt Service Ratio).
• Ability to meet productivity targets of reviewing 5 new files per day, expecting to handle 20‑30 deals per week while working with other teams (funding teams, brokers, etc.) appropriately and politely.

• Broker or underwriting course experience.
• Familiarity with Canadian rules and regulations.

Good opportunity to grow within a large financial institution. The onboarding training is very extensive and sets the individuals up for success. Opportunity to go full time.

• Onsite once a week for the first five weeks of training.
• 10‑6 M/F and potential Saturday rotating schedule.
• Fully remote afterwards unless town hall or training required.

Duration: 6‑month contract to permanent.
Pay: $30‑$38/hr.
Job Type &

Location:

Contract position based out of Montreal, QC.
Workplace Type:
Hybrid.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.